Canopy Growth Corporation (TSX: WEED)
Canada
· Delayed Price · Currency is CAD | Market Cap | 652.25M |
| Revenue (ttm) | 329.61M |
| Net Income (ttm) | -657.27M |
| Shares Out | 76.20M |
| EPS (ttm) | -8.66 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 648,285 |
| Open | 8.75 |
| Previous Close | 8.84 |
| Day's Range | n/a |
| 52-Week Range | 3.74 - 26.00 |
| Beta | 1.74 |
| Analysts | n/a |
| Price Target | 10.13 (+18.34%) |
| Earnings Date | Aug 9, 2024 |
About Canopy Growth
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products und... [Read more]
Financial Performance
In 2023, Canopy Growth's revenue was 297.15 million, a decrease of -26.25% compared to the previous year's 402.90 million. Losses were -657.27 million, -80.14% less than in 2022.
Financial StatementsNews
Grab your popcorn for the upcoming presidential debate
Hope you have your popcorn ready for the upcoming presidential debate between Biden and Trump (due at 9PM NY time). Bloomberg was out with some helpful thoughts on what type of topics could be importa...
Latest Key Hires & Board Changes In Cannabis Industry: Canopy Growth, Acreage And More
As Benzinga Cannabis Capital Conference returns to Chicago this Oct. 8-9 for its 19th edition, gathering top CEOs, investors and investors and leaders in the cannabis industry, let’s scroll through th...
Legal cannabis sales eat into beer revenue, survey data shows
Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...
June 2024: Canadian Cannabis Stocks with High Potential
The global cannabis industry and top marijuana stocks are experiencing significant growth, making it an attractive sector for investors. Currently valued at over $20 billion, the industry is projected...
Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'
Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF CNBS, is renowned for recognizing the potential of the cannabis sector early on. In an exclusive interview with Benzinga Cannab...
Canopy Growth: Cannabis Rally Loses Steam On Long-Term Uncertainty (Hold)
Canopy Growth recently reported improved financial performance for Q4-2024. See why I reiterate my hold rating on CGC stock.
Canopy Growth Takes a Big Step in Advancing Its Strategy for the U.S. Marijuana Market
This move has been more than five years in the making.
Weed woesshort sellers remain addicted to cannabis stocks.
DOWNLOAD PDF VERSION HERE Cannabis stocks remain a target for short sellers as stock prices continue to reflect the difficulties that the industry faces. Marijuana stocks have the potential to be the ...
How These 2 Nasdaq-Listed Marijuana Companies Found A Way To Raise $250M Without Tanking Their Stock
This week's Viridian Valuation Tracker investigates the valuation metrics of Canadian cultivation and retail companies with market caps over $100M. The focus is on Canopy Growth (NASDAQ: CGC) and Til...
EXCLUSIVE - Canopy Growth CFO On ATM Equity Offering: 'We Have One Of The Strongest Balance Sheets In Cannabis'
Canopy Growth Corporation (NASDAQ: CGC)'s announcement of an at-the-market (ATM) equity program has generated significant buzz within the cannabis industry, even as the stock traded down following th...
Canopy Growth vs. SNDL vs. Tilray Brands: What's the Best Pot Stock to Buy If You're Bullish on Legalization?
These big pot stocks trading on the Nasdaq have the most to gain from legalization. But which is the best long-term buy?
Why Canopy Growth Stock Crashed 10% on Thursday
Canopy Growth can't make money selling cannabis -- so it's selling shares instead.
Canopy Growth Stock Is Falling Thursday: What's Going On?
Canopy Growth has established an at-the-market equity program that allows the ... Full story available on Benzinga.com
Canopy Growth Announces $250M At-The-Market Equity Program
Canopy Growth Corporation (NASDAQ: CGC) announced on Thursday that it has established an at-the-market equity program under which it can issue and sell up to $250 million worth of its common shares f...
Canopy Growth just proposed stock sale: find out more
Canopy Growth Corp (NASDAQ: CGC) says it has established an “at-the-market equity program”. Shares of the cannabis firm are in the red at writing.
Canopy Growth stock slips on $250M equity program
Canopy Growth shares fall after company proposes $250 million stock sale
Proceeds from this expected stock sale will be used for working capital and general corporate purposes, as well as for acquisitions and to pay down debt.
Canopy Growth Establishes US$250 Million At-The-Market Program To Further Enhance the Company's Financial Position And Facilitate Growth
SMITHS FALLS, ON , June 6, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the powe...
How the Biden administration could help these cannabis stocks grow
U.S. reclassifying marijuana would give companies a tax break and more cash to spend
Acreage Announces $10M Private Placement Of Units Ahead Of Acquisition By Canopy
Acreage Holdings, Inc. (CSE: ACRG , ACRG.B.U)) (OTCQX: ACRHF , ACRDF)) announced on Wednesday it is seeking to secure $10 million in funding. What Happened The New York-based company said in a press r...
June 2024 Watchlist: Top Canadian Cannabis Stocks to Watch
As the cannabis industry continues to grow, investors are closely watching top Canadian marijuana stocks this week. The global cannabis market is projected to reach $73.6 billion by 2027, with the U.S...
Canopy Growth Announces Exercise of Acreage Options Paving the Way for Acquisition by Canopy USA
Canopy USA completes acquisition of Jetty and advances acquisition of Wana SMITHS FALLS, ON , June 4, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASD...
Executive Changes In Marijuana Industry You Should Know About, New Cannabis Appointments & More
As the 19th Benzinga Cannabis Capital Conference returns to Chicago (Oct. 8-9), gathering top CEOs, investors and leaders in the marijuana industry, let’s scroll through the latest leadership changes ...
Canopy Growth: Another Ugly Cannabis Report
Canopy Growth's weak financial results have caused its stock to trade lower, leading to a loss of investor interest. Find out more on CGC stock here.
Piper Sandler Maintains Underweight On Canopy Growth Stock, Calls Cannabis Rescheduling 'Largely Symbolic'
A recent company note from Piper Sandler & Co , by senior analysts Michael S. Lavery and Luke Maloney offers insights into Canopy Growth Corporation 's (NASDAQ: CGC) financial performance, valuation ...